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Inside the Fed's Decision to Postpone Raising Interest Rates
New York Times
Worries that inflation would continue to lag because of weaker economic growth abroad, particularly in China, helped nudge members of the Federal Reserve to postpone dialing back on their stimulus campaign last month, according to the official summary ...

VW's US Chief Tells Congress of a Wait to Fix Diesel Cars
New York Times
WASHINGTON Hundreds of thousands of owners of Volkswagen diesel cars that skirt emissions standards may have to wait a year or more to get their cars fixed, the head of the automaker's American unit said at a contentious House hearing on Thursday

UPDATE 2-Ride-hailing company Lyft partners with Hertz, Shell
(Adds more detail and color from media event). By Heather Somerville. SAN FRANCISCO Oct 8 (Reuters) - Lyft has partnered with Hertz Global Holdings Inc to offer rental cars to its drivers, the ride-hailing company said on Thursday. Daily, weekly and ..

Alcoa Profit Falls on Aluminum-Price Slide
Wall Street Journal
Industrial giant Alcoa Inc. AA 0.64 % on Thursday reported sharply lower third-quarter profit as the metals company has been closing mines and cutting smelting capacity in response to lower aluminum prices brought on by a global glut. It is Alcoa's ...

FOMC Minutes: Fed Feared Early Liftoff Impact on Inflation
Fox Business
Federal Reserve policy makers feared a premature lifting of interest rates could add to pressures such as falling energy prices and weak wage growth -- already keeping inflation below the Fed's target rate, according to minutes from the central bank ...

Gross Says Pimco Executives Plotted His Ouster to Get His Bonus
A year after Bill Gross was ousted from the firm he helped build, he is looking for vindication. In a lawsuit filed Thursday, the co-founder of bond giant Pacific Investment Management Co. accused the firm and several of its executives of pushing him ...

Mortgage Rates Fall on Concerns Over Labor Market
U.S. mortgage rates took a tumble this week following a weak September jobs report. According to Freddie Mac, the average rate for a 30-year fixed rate mortgage fell from 3.85% last week to 3.76% this week. 15-year mortgage rates fell from 3.07% to 2 ...

Etsy stock sinks 4% after Amazon Handmade launch panics investors
Etsy's stock has rebounded slightly after a scare earlier today that sent the stock down five percent. The stock closed out at $13.57, down over four percent. Overnight Amazon announced a new competing marketplace called Handmade at Amazon. When the ..
Netflix Will Charge One Dollar More for Its Standard Plan
UPDATE 1-IMF's Lagarde sees tough policy trade-offs

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